German hydrogen specialist Hydrogenious LOHC Technologies GmbH and Mannheim-based engineering and services group Bilfinger SE (ETR:GBF) have agreed a partnership aimed at building plants for green hydrogen storage based on the liquid organic hydrogen carrier (LOHC) technology.
The two companies will seek to scale up green hydrogen across Europe and offer engineering, procurement, construction and maintenance services to operators of storage plants, Bilfinger said earlier this week.
The LOHC technology, developed by Hydrogenious, uses benzyltoluene as a carrier medium and adds hydrogen by a hydrogenation process, and this allows safe storage and industrial-scale transportation through the existing fossil fuel infrastructure.
As part of the partnership, an industrial-scale LOHC storage plant will be built at chemical park Dormagen in the state of North Rhine-Westphalia, for which Bilfinger will provide engineering services and support the application for permits. Construction of the plant will start in 2023 or 2024.
Hydrogenious sold its first storage and release facilities for commercial use in the US in 2018.
The partnership comes after the Erlangen-based hydrogen specialist raised EUR 50 million (USD 58.01m) in a funding round in mid-September to scale the transport and storage of green hydrogen and support the deployment of commercial systems into landmark hydrogen projects in Europe, the Middle East, as well as locations in Asia-Pacific and the Americas.
(EUR 1 = USD 1.160)
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